(LSE: APAX)
Apax Global Alpha
Limited
PDMR
Dealing
This notification is made in accordance with DTR
3.1 of the Disclosure Guidance and Transparency Rules.
The Company was notified on 5
September 2024 that on 5 September 2024, Mr Karl
Sternberg who is a director of AGA had
beneficially acquired 27,800 Ordinary Shares of the Company at a
price of £1.436998 which are held through a nominee arrangement
with Forest Nominees Limited. Following the purchase, Mr Sternberg
owns 53,600 Ordinary Shares, representing less than 1% of the
Company's total issued share capital.
Contact
details
Investor
relations
Katarina Sallerfors
Investor Relations - AGA
T: +44 207 666 6526
E: Katarina.Sallerfors@apax.com
|
Company
secretary
Magdala Mullegadoo / Chris
Copperwaite
Company Secretary
Telephone: +44 (0) 1481 749
700
Email: AGA-admin@aztecgroup.co.uk
|
Notes
1.
|
Note that references in this
announcement to Apax Global Alpha Limited have been abbreviated to
"AGA" or "the Company". References to Apax Partners LLP have been
abbreviated to "Apax" or "the Investment Adviser".
|
2.
|
Please be advised that this
announcement may contain inside information as stipulated under the
Market Abuse Regulations (EU) NO. 596/2014 ("MAR").
|
About Apax Global Alpha
Limited
AGA is a Guernsey registered
closed-ended investment Company listed on the London Stock
Exchange. It is regulated by the Guernsey Financial Services
Commission.
AGA's objective is to provide
shareholders with capital appreciation from its investment
portfolio and regular dividends. The Company is targeting an
annualised Total Return, across economic cycles, of 12-15% (net of
fees and expenses).
The Company makes Private Equity
investments in Apax Funds, and has a portfolio of primarily Debt
Investments, derived from the insights gained via Apax's Private
Equity activities.
Further information regarding the
Company and its publications are available on the Company's website
at www.apaxglobalalpha.com.
About Apax Partners
LLP
Apax Partners LLP ("Apax") is a
leading global private equity advisory firm. For over 50 years,
Apax has worked to inspire growth and
ideas that transform businesses. The
firm has raised and advised funds with aggregate commitments of
nearly $80 billion. The Apax Funds invest in companies across four
global sectors of Tech, Services, Healthcare, and
Internet/Consumer. These funds provide long-term equity financing
to build and strengthen world-class companies. For further
information about Apax, please visit www.apax.com.
Apax is authorised and regulated by
the Financial Conduct Authority in the UK.
1
|
Details of the
person discharging managerial responsibilities / person closely
associated
|
a)
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Name
|
KARL STERNBERG
|
2
|
Reason for the
notification
|
a)
|
Position/status
|
DIRECTOR
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b)
|
Initial notification /Amendment
|
INITIAL
|
3
|
Details of the
issuer, emission allowance market participant, auction platform,
auctioneer or auction monitor
|
a)
|
Name
|
APAX GLOBAL ALPHA LIMITED
|
b)
|
LEI
|
21380031LQE8CU8NU843
|
4
|
Details of the
transaction(s): section to be repeated for (i) each type of
instrument; (ii) each type of transaction; (iii) each date; and
(iv) each place where transactions have been
conducted
|
a)
|
Description of the financial instrument, type of
instrument
Identification code
|
ORDINARY SHARES
APAX
|
b)
|
Nature of the transaction
|
PURCHASE
|
c)
|
Price(s) and volume(s)
|
Price(s)
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Volume(s)
|
£1.436998
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27,800
|
|
d)
|
Aggregated information
- Aggregated volume
- Price
|
AS IN 4 C) ABOVE
|
e)
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Date of the transaction
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5 SEPTEMBER 2024
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f)
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Place of the transaction
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LONDON STOCK EXCHANGE
|
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